Researchgate lays off ten percent of its workforce

The difficult situation on the financial markets has not left the science platform Researchgate unscathed.

In view of the current economic situation, Researchgate has to let go ten percent of its staff. The start-up thus joins a long line of companies that have had to lay off staff in recent months - including unicorns such as Infarm from Berlin and mobility start-up Tier Mobility.

"This is the hardest decision I've had to make in the fourteen-year history of our company, and I'm sorry to say goodbye to people who have contributed so much to our mission and brought us to where we are today," Researchgate co-founder and CEO Ijad Madisch wrote on Linkedin. The company is now looking to restructure and deploy its resources more effectively.

Researchgate is a platform where scientists can publish their work and network with other researchers. The aim is to provide free access to research results. The start-up is also dependent on investor funding.